Categories
Personal Finance

Know how to save and spend smartly

Photo: iStock KEY HIGHLIGHTS The power of compounding will work in your favor in the long term, and you could witness an exponential growth in your savings. Always track your expenses. Living paycheck to paycheck and finding yourself struggling for money even before the month ends is a sign that you are not spending wisely. […]

Categories
Markets

Here’s why a Roth IRA conversion may pay off in a down market

Walrus Images | E+ | Getty Images Soaring inflation, interest rate hikes and the war in Ukraine have sparked ongoing stock market volatility. But there may be a bright spot: the chance to save money on a Roth conversion. The strategy allows higher earners to sidestep the earnings limits for Roth individual retirement account contributions, […]